PPM dead, ERA looks to new battlegrounds
The economic doldrums have begun to markedly slow the phenomenal growth European regional carriers have enjoyed in recent years.

The economic doldrums have begun to markedly slow the phenomenal growth European regional carriers have enjoyed in recent years. Statistics produced by the European Regions Airline Association (ERA) for the first seven months of the year show that traffic for its members is growing at an average of just below 7 percent–compared with the double-digit expansion commonplace when the group staged its last general assembly at the Swiss resort of Interlaken in September last year.

Nevertheless, the fact remains that ERA carriers are still outperforming the continent’s major airlines, which now average around 5-percent traffic growth, by around 40 to 50 percent. “But performance is definitely slowing,” ERA director general Mike Ambrose told AIN. “This confirms that there is a recession in our market.”

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